re: The Federal Reserve is not a federal agency.

The Federal Reserve System consists of two parts. The private regional Federal Reserve Banks, and the Board of Governors. The Board of Governors, all appointed by the President and confirmed by the Senate, is a federal agency. As such, your claim in this thread subject lacks precision. It could be interpreted in several ways. If I interpret your statement to be in reference to the Board of Governors, then your statement is clearly false.

Your use of Federal Reserve instead of the more specific Federal Reserve Banks indicates a less than thorough grasp of the subject. You should hardly be calling out others for rhetorical shortcomings when you put your own on public display. In English you might be able to understand, your arguments are not persuasive.

quote:And for your information, Che Guevara was a poetic romantic. He saw the beauty in the world, he was a brilliant and charismatic person. He was a doctor. He helped his enemies after battle. He had a different set of principles, yes he killed people but he did it because of a passion to end an ideal he hated. I respect him for that passion. There is a reason the man that tracked him for 15 years couldn't bring himself to kill him, he pleaded with his superiors to spare Che's life, and he finally paid a Bolivian soldier to kill him. Che was a complex person, calling him simply a murderer is ignorant. Read Motorcycle Diaries and you'll begin to understand.

It was during the last days of December 1959; in the dark, cold cell that 16 prisoners slept on the floor while the other 16 were standing so they could lay down, but nobody was thinking about that, our only thought was that we were alive and that was the important thing; we lived hour to hour, minute to minute, second to second without knowing what the next would bring.

It was about an hour before it would be time us to change shifts when the sound of the iron door opening was heard as they threw another person into the already crowded cell. For a moment in the darkness we couldn't tell that it was a boy some 12 to 14 years old at most who had just become our newest cellmate. And what did you do? We all asked almost in unison. With his bloody and beaten face he stared at us and responded “I defended my father so they wouldn't kill him, I couldn't stop it. Those sons of bitches murdered him.”

We all looked at each other as if to find the right words to console the boy but we couldn't find them. We had enough of our own problems. It had been two or three days since they had executed anyone and each day we had more hope that this would all be over. The executions are unmerciful, they take life when you need it most for you and yours, without listening to your protests or yearnings for life.

Our happiness didn't last much longer, when the door opened they called out 10, among them the boy who had been the last one in. We had been wrong because those they called, we never again saw.

How could it be possible to take a child's life in this way? Could it be that we were wrong and that we were to be released? Near the wall where they conducted the executions, with his hands on his waist, paced from side to side the abominable Che Guevera.

He gave the order to bring the boy first and he ordered him to kneel in front of the wall. We all screamed for them not to commit this crime and we offered ourselves in his place. The boy disobeyed the order with a courage that words can't express and responded to this infamous character: “If you're going to kill me you're going to have to do it the way you kill a man, standing, not like a coward, kneeling.

Walking behind the boy, the Che said “whereupon you are a brave lad...” He unholstered his pistol and shot him in the nape of the neck so that he almost decapitated him.

We all shouted “assassins, miserable cowards” and so many other things. He turned around towards us and emptied the pistol's magazine. I do not know how many of us were killed or injured. From this horrible nightmare, from which never we managed to wake up, we realized that although wounded and in the student clinic of the Calixto Garcia hospital, one thing was clear, the only card we could play was to escape, it was our only hope of survival.-- Pierre San Martin

re: The Federal Reserve is not a federal agency.(Posted by BugAC on 12/6/12 at 11:17 am to mograyback)

quote:And for your information, Che Guevara was a poetic romantic. He saw the beauty in the world, he was a brilliant and charismatic person. He was a doctor. He helped his enemies after battle. He had a different set of principles, yes he killed people but he did it because of a passion to end an ideal he hated. I respect him for that passion. There is a reason the man that tracked him for 15 years couldn't bring himself to kill him, he pleaded with his superiors to spare Che's life, and he finally paid a Bolivian soldier to kill him. Che was a complex person, calling him simply a murderer is ignorant. Read Motorcycle Diaries and you'll begin to understand.

re: The Federal Reserve is not a federal agency.(Posted by mograyback on 12/6/12 at 1:21 pm to mograyback)

The Federal Reserve is an independent agency, it's not federal.

Mitt Romney at :45 seconds "it's important to have the Fed as an independent agency, I don't think you want to have Congress trying to pull strings at the Fed" LINK

Alan Greenspan at :11 seconds "well first of all, the Federal Reserve is an independent agency, which means basically there is no other agency of government that can overrule actions that we take". "What the relationships are don't really matter". LINK

A 10 minute video, not sure many of you will have the patience to watch it. But if you do, you'll know without a doubt the Federal Reserve is independent. "I've unwittingly ruined my government" - Woodrow Wilson LINK

LSURUSSIAN, I've got Alan Greenspan and Mitt Romney saying "the Federal Reserve is independent", I have a longer video explaining it's independence, and the first page of this thread has the comment "everyone on this board is aware of this" in response to my OP. I mean this is almost a joke, I've proven you're wrong without a doubt... are you going to man up and concede? Or are you going to continue to play "push the page down" with immature comments and posting my picture?

The first audit of the Federal Reserve in it's nearly 100 years of existence showed 16 Trillion dollars were given away to failing banks and corporations. The 800 billion TARP bailout was just chump change. Goldman Sachs alone received 814 billion.

Here is a list of institutions that received the most money. So no, the Fed has not been run by Congress, it's been run by itself. It's independent and has been lining the pockets of foreigners since it's inception. These gifts are only post 2008 financial crisis. This is why Bernanke fought for years against an audit of the Fed.